7.14 BTC noon analysis



In the morning, bearish momentum drove the price down to 61854. After briefly rebounding following a touch of the upper end of the previous range, it rebounded to 62848 and then faced resistance, weakening.

At present, breaking upward faces significant resistance, and the overall downward structure has not changed for the time being.

Noon trading plan
If it rebounds to 62800-63300, do a sell order. Targets are in the 61800-61300 area #比特币 $BTC
BTC4.23%
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QuantsAndCats
· 11h ago
61,800 support has been tested for the third time—if it breaks again, it will head to 60,500. I’m following this short order.
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ExitLiquidityIntern
· 12h ago
Rebounded to around 63,300—there is indeed strong resistance. I’m shorting at 63,000 and will wait for a pullback.
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